Capital can include those things, but that's not the best
Posted on: February 14, 2020 at 09:10:38 CT
ummmm MU
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way to characterize capital. Capital represents assets which humans can use to create more wealth.
But to the point of this tread, the term "capitalism" doesn't mean capital control of all industry. Just like the term "socialism" doesn't mean social control of all industry.
When socialism is actually practiced, the control is with a handful of elite govt bureaucrats (not social control).